Students in Hofstra’s Money and Capital Markets class rang in the new year with a first-hand look at how major financial institutions operate. Professor Gioia Bales, senior associate dean of the Frank G. Zarb School of Business, accompanied her students, as they visited firms and met with senior-level executives throughout January Session.
“Students gain the very important real world perspective that supplements what they learn in the classroom,” said Professor Bales, who has taught this NYC-based class for the past five years. “Students also have the opportunity to network with presenters and, in fact, students have secured full-time positions through this course.”
The class visited up to three institutions per day, traversing the city east to west, from Wall Street to midtown. Their agenda included stops at Ackman-Ziff, IEX Group Inc., Moody’s Investor Services, Deutsche Bank, Guggenheim Securities, ICV Partners, The Federal Reserve Bank, SunTrust (Bank) Robinson Humphrey, Goldman Sachs, Morgan Stanley, the Museum of American Finance, and Bloomberg.
Students were given insight into many topics, including the function of exchanges and the role of private equity in the money and capital markets; the role of rating agencies in the bond market; equity trading and the implementation of the Dodd-Frank Act; investment banking and corporate restructuring; asset management, private wealth management and securities; asset allocation and the role of exchange traded funds; prime brokerage; and how to access and use financial information.
“This class dramatically increased my knowledge and understanding of the money and capital markets,” said finance major Connor Farrelly ’18. “It honestly opened my eyes to a whole new world and has given me so much more drive to get myself out there to be a part of it. This class not only taught me about money and capital markets but made me want to learn about them.”
Open to finance majors or minors who have completed Finance 101, the course ran between January 3 and 13.